oil and gas

PRECISION DRILLING CORP. $3.88 (Toronto symbol PD; Aggressive Growth Portfolio, Resource sector; Shares outstanding: 293.2 million; Market cap: $1.4 billion; Price-to-sales ratio: 1.1; Dividend suspended in March 2016; TSINetwork Rating: Extra Risk; www.precisiondrilling....
TransCanada and Enbridge continue to work on several major expansion projects. However, each company has already secured long-term commitments from oil and gas producers. That customer support helps cut the risk for these projects. While the new operations should spur dividend growth for both companies, we still prefer TransCanada for new buying.


TRANSCANADA CORP....
If you want to make the best energy stock investments, you need to read this advice
Pennsylvania-based Vanguard Group is one of the world’s largest investment management companies. In all, it administers about $4 trillion U.S., spread across 370 mutual funds and ETFs.


Generally speaking, Canadians are unable to buy mutual funds that are registered in the U.S....
ENCANA CORP. $11.13 (Toronto symbol ECA; Shares outstanding: 973.1 million; Market cap: $11.1 billion; TSINetwork Rating: Average; Dividend yield: 0.7%; www.encana.com) has four key properties: Montney (B.C.), Duvernay (Alberta), and Eagle Ford and Permian (both in Texas)....
BCE INC. $58.55 (Toronto symbol BCE; Shares outstanding: 899.5 million; Market cap: $52.7 billion; TSINetwork Rating: Above Average; Dividend yield: 4.9%; www.bce. ca) has launched its online video-streaming service Alt TV. For $15 a month, users access 30 channels, including local news and sports, on their computers and mobile devices.


BCE feels this new service will appeal to customers who don’t wish to subscribe to its more-expensive Fibe TV packages.


BCE is a buy.


TRANSCANADA CORP....
Penny stock DynaCERT sold over 700 portable generators in the first quarter, and a big potential client, Loblaw, is ready to give it a test drive.
A: Pulse Seismic, $2.65, symbol PSD on Toronto (Shares outstanding: 56.1 million; Market cap: $146.7 million; www.pulseseismic.com) buys, sells and licenses seismic data to clients in Western Canada.


Pulse’s main business is seismic-data licensing....
A: Canoe EIT Income Fund, $11.93 symbol EIT.UN on Toronto (Units outstanding: 90.1 million; Market cap: $1.1 billion; www.canoefinancial.com), changed its name from EnerVest Diversified Income Trust in November 2013. The stock symbol remained the same.


Canoe EIT is a closed-end fund that invests in a portfolio of dividend-paying stocks....
STANTEC INC. $32 (Toronto symbol STN; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 114.2 million; Market cap: $3.7 billion; Dividend yield: 1.6%; Dividend Sustainability Rating: Above Average; www.stantec.com) sells a range of consulting, design and technology services to clients in the oil and gas, transportation and construction industries.


With the April 2017 payment, Stantec raised its quarterly dividend by 11.1%, to $0.125 from $0.1125....